Hello Kel,

Per the title records, in June 2009 the average selling price per sqft. for the trustee sales was $200.00 per sqft. Year to date, the average has been $197.00 per sqft. Hope that helps.

I assume when you say Bank Auctions you are referring to Trustee Sales. If so, no, I just used sales from the Big Bear MLS during the month of June and year to date. I can check the trustee sales for each and let you know.

The only other Bank Auction I am familiar with is when the bank, after 3-6 months of trying to sell the property on the MLS, gives the property to an auction company, like REDC, to get rid of.

I consider the Big Bear Lake areas to be most desirable - Fox Farm, Eagle Point, near the Village, Boulder Bay, near Snow Summit and Moonridge. The reasons are central locations, nicer neighborhoods and homes, closer to skiing, lake, and shopping. The downside is the prices will be higher is these areas than others.

Big Bear City and Sugarloaf are have lower priced though you may lose some of the qualities that Big Bear Lake has.

I will do a little research on the trustee sales and get back to you.

Does this average include Bank Auctions in the month of June 09?
Which areas in the Big Bear Area are most desired to live, and why?
Thank you for your advice.

Hello Kel,

Thanks for the questions.

In June 2009, the average selling price per sqft. in Big Bear Lake (92315) was $224.56. Year to date, the average is $217.57.

One thing to keep in mind is that Big Bear Lake is not your typical area where price per sqft. is a good measure of the value. There is a lot of new, next to old, next to small, next to big. One house may have a ski slope or lake view while one around the corner may not.

There are also other areas to consider, Big Bear CIty 92314, Sugarloaf 92386, and Fawnskiin 92333. Many people classify Big Bear Lake all in one, but the Valley is made up of all of these areas.